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With the COVID-19 pandemic, the global economy is in a state of paralysis. With this in the picture, employee salary appraisals, and perks given in the form of money can be seen as a dream of the past.
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As members of an organization, these things have always been an elusive pursuit. This topic has always been near and dear to my heart probably because it remains an issue, and it still is to this day.
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That’s where total rewards come in. Total rewards encompasses everything that an employee needs for a positive employee experience, rather than just focusing solely on compensation.
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We’ve all experienced that post-lunch energy slump… so just imagine working for an employer where the desire to close your eyes and have a doze isn’t only tolerated, it’s actually encouraged.
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As a human resources professional or manager, you're probably all-too familiar with the job-hopping ways of highly skilled employees who feel they can pick and choose the job they want.
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As I’ve discussed many times, the short answer is no. Of course, everyone wants money and everyone needs money to live, but using money as a motivator isn’t a good idea. Reward employees by tapping into their passions.
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To make this process easier, in this article we will outline ten criteria that can help you pick the right employee rewards program for your organization.
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Employees are vital for any business, but low employee engagement problems still continue to make it difficult for HR departments. According to a survey, about 68% of employees consider themselves as not engaged at all.
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Transparency and visibility can boost trust across your organization – which will have an impact long after the pandemic has settled down. CEOs and senior leaders should be delivering authentic, transparent updates, on video if possible.
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